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Business, 16.03.2020 20:18 06laurenelizabeth

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The noncontrolling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to Perch at the date of acquisition?

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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's...
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